Understand the construction costs and trends in your market

Building the preliminary construction budget for your real estate project requires insight into more than labour and material costs alone. The financial plan for your development or infrastructure investment is affected by global and local economic conditions, market trends, and advances in building materials, practices, and approaches.

Altus Group’s annual Construction Cost Guide provides a forecast of construction hard costs across all asset classes in the Canadian marketplace. Based on our proprietary database of historical project costs – including over 1,300 engagements in 2018 – our hard cost data tables facilitate simple benchmarking exercises supported by intelligence from our in-house quantity surveyors, economists, and market trend experts.

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This Year’s Guide Covers:

2019 Economic Overview

Key Market Trends

Guidance on using the information and data

Private Sector $/SF data across Canada

Public Sector $/SF data across Canada

Site Servicing $/SF data across Canada

Canadian Cost Index

Building Type Descriptions

Accurate Data Based on Real Projects


$210 Billion
3,300 projects
773M+ SF


$87 Billion
1,550 Projects
518M SF


$53 Billion
1,470 Projects
256M SF


$70 Billion
280 Projects

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